UPDATE: Evercore Downgrades CME to Equal-Weight

By John Harris
Benzinga Staff Writer
January 09, 2012 8:00 AM

Symbols: CME

Posted in: Analyst Color, Downgrades, Price Target, Analyst Ratings

According to Evercore Partners, CME Group (NYSE: CME) is downgraded to Equal-Weight.

Evercore Partners said that it is downgrading CME to Equal-Weight from Overweight. “We have also lowered our price target to $250 (14x our 2012 estimate, and 7% upside from current levels).”

CME Group closed on Friday at $234.

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UPDATE: Evercore Downgrades CME to Equal-Weight

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